He is the manging director of quite a few companies. or
He is the managing director of many companies. Which is more proper?
Bulk of this is supposed to be short-term credit to finance working capital needs of/for producers, wholesalers etc., Why of or for?
Please help me in understanding the right alternative in both the above two cases.
Quite a few is an idiom which means: An indefinite and somewhat large number; more than a few. Example: We watched quite a few of the World Cup matches on TV.
A person can not fuction as managing director of a large number of companies. One can be director in quite a few companies. Even many is also indicative of large number. The proper is; He is the managing director of a few companies.
In the sentence, "of" is appropriate because, it is intended to finance working capital needs of producers,( working capital needs possessed/belonging to producers) You can say: to finance working capital needs forproduction.(For the purpose of production)